WRLGF (West Red Lake Gold Mines) 3-Month Share Buyback Ratio: -0.24% (As of Jun. 2026 )

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WRLGF West Red Lake Gold Mines Ltd WRLGF
26 GF Score
Price $0.66
! 4 Warning Signs
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What is West Red Lake Gold Mines 3-Month Share Buyback Ratio?

West Red Lake Gold Mines WRLGF -2.65% 26 3-Month Share Buyback Ratio is -0.24 as of Jun. 2026. GuruFocus rates WRLGF with a GF Score™ of 26/100. The stock has 4 warning signs investors should review.

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

3-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past three months, calculated as the percentage change in shares outstanding from the previous quarter to the current quarter. A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance. West Red Lake Gold Mines's current 3-Month Share Buyback Ratio was -0.24%.

West Red Lake Gold Mines  (OTCPK:WRLGF) 3-Month Share Buyback Ratio Explanation

A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance.

Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.

West Red Lake Gold Mines 3-Month Share Buyback Ratio Related Terms

WRLGF vs NEM, AU: 3-Month Share Buyback Ratio Comparison

For the Gold subindustry, West Red Lake Gold Mines's 3-Month Share Buyback Ratio, along with its competitors' market caps and 3-Month Share Buyback Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

West Red Lake Gold Mines 3-Month Share Buyback Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, West Red Lake Gold Mines's 3-Month Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where West Red Lake Gold Mines's 3-Month Share Buyback Ratio falls into.


WRLGF
26GF Score
West Red Lake Gold Mines Ltd WRLGF
3-Month Share Buyback Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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West Red Lake Gold Mines 3-Month Share Buyback Ratio Calculation

West Red Lake Gold Mines's 3-Month Share Buyback Ratio for the quarter that ended in Jun. 2026 is calculated as

3-Month Share Buyback Ratio=(Shares Outstanding (EOP) (Mar. 2026 ) - Shares Outstanding (EOP) (Jun. 2026 )) / Shares Outstanding (EOP) (Mar. 2026 )
=(412.945 - 413.948) / 412.945
=-0.24%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a 3-Month Share Buyback Ratio of -0.24 mean?
West Red Lake Gold Mines (WRLGF) has a 3-Month Share Buyback Ratio of -0.24 as of Jun. 2026. The 3-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past three months, calculated as the percentage change in shares outstanding from the previous quarter to the current quarter. View historical data for West Red Lake Gold Mines and its competitors.
Is West Red Lake Gold Mines' 3-Month Share Buyback Ratio too high?
West Red Lake Gold Mines' current 3-Month Share Buyback Ratio is -0.24. Overall, West Red Lake Gold Mines has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does West Red Lake Gold Mines' 3-Month Share Buyback Ratio compare to NEM and AU?
West Red Lake Gold Mines' 3-Month Share Buyback Ratio of -0.24 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Month Share Buyback Ratio for a Metals & Mining company?
A good 3-Month Share Buyback Ratio depends on the Metals & Mining industry context. However, 3-Month Share Buyback Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Month Share Buyback Ratio mean?
A high 3-Month Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 3-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past three months, calculated as the percentage change in shares outstanding from the previous quarter to the current quarter. View historical data for West Red Lake Gold Mines and its competitors. West Red Lake Gold Mines's current 3-Month Share Buyback Ratio is -0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is West Red Lake Gold Mines stock overvalued right now?
West Red Lake Gold Mines (WRLGF) has a current 3-Month Share Buyback Ratio of -0.24. The current 3-Month Share Buyback Ratio is -0.24. West Red Lake Gold Mines' overall GF Score™ is 26/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Month Share Buyback Ratio calculated?
3-Month Share Buyback Ratio is calculated from a company's financial statements. For West Red Lake Gold Mines (WRLGF), the current 3-Month Share Buyback Ratio is -0.24 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

West Red Lake Gold Mines Business Description

Other Exchanges UJ0:GermanyWRLG:Canada
Address 595 Burrard Street, Suite 3123, Vancouver, BC, CAN, V7X 1J1
West Red Lake Gold Mines Ltd operates in one reportable segment, being the acquisition, exploration, and development of gold properties. All of the Company's assets are located in Canada. Its projects include Madsen Mine and the Rowan Project.
26GF Score

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3-Month Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.66
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